By restricting its liquidity support, the ECB will be able to guide overnight interest rates towards 1% without having to alter its policy rate.
靠限制放出流动性,欧洲央行就能够引导隔夜利率向1%上扬,而无需改动政策利率。
The funding cost for the liquidity support will be about the same as the open market operations rate over the same period, the PBOC said, without specifying any requirement for collateral.
中国人民银行表示,流动性支持的资金成本将与同期公开市场操作利率相同,无须提供任何抵押品。
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